The “schizsm” between the Euroleague and FIBA is official again with two rival leagues organized in the upcoming 2016-17 season. The official announcement is expected soon and more details about the teams which will be invited in the Champions League. The Russian federation was also present as a spectator of the meeting. Also the teams which will be competing in Euroleague and Eurocup and its members are facing the danger of being unsubscribed from any competitions under FIBA’s shield, including their domestic leagues.
FIBA are to guarantee Europe’s top clubs €30 million per season if they agree to join their proposed new league. Talks have been scheduled for Mies on November 3 to further discuss their plans with representatives from leading teams and the Euroleague expected to attend.
“We are very keen to hear their views on our proposed new top club competition and any other topics they might be interested in, given how much FIBA has changed and grown over the past few years,” FIBA Secretary General Patrick Baumann said. “We look forward to having open and constructive discussions on the future of professional basketball in Europe and are happy to note that national federations and other basketball stakeholders look forward to remodelling the European Club competitions.”